Vancouver Foundation

Fall 2016

Issue link: http://digital.canadawide.com/i/740502

Contents of this Issue

Navigation

Page 27 of 29

p a g e 2 8 I V a n c o u v e r F o u n d a t i o n l F a l l 2 0 1 6 Photo: Tamara Sweet-Letts/Courtesy Girl Guides of Canada Vancouver Foundation manages endowment funds on behalf of more than 400 charitable agencies across B.C. A charitable agency endowment fund provides for prudent capital growth coupled with a predictable source of income, which is very helpful in years where donations are down or government funding is reduced. Last year, more than 1,300 income distributions were made to help these charities support their operations and fulfill their missions. Here are three charitable organizations that work with Vancouver Foundation. Girl Guides of Canada Leslie Bush, Provincial Commissioner With over 15,000 members in B.C.—including Sparks, Brownies and Girl Guides—the Girl Guides of Canada works with the mandate to help girls from age five to 18 become con- fident, courageous and resourceful leaders and to make a differ- ence in the world. Why did you establish a fund at Vancouver Foundation? Our fund was established in 1956, when Mrs. A. VanDusen donated $11,100 to the B.C. Provincial Council with the condi- tion that we establish a fund at Vancouver Foundation. e income from this was to be paid to B.C. Provincial Council to further their work. How does the fund help you achieve your goals? e money we get from our fund at Vancouver Foundation pro- vides our organization with a steady income at the provincial level. Adult training, events, provincial camps and international trips are all examples of where the funds may be spent, as well as maintaining our provincial office. B.C. Girl Guides' other sources of income are from our membership fees, and Girl Guide cookie sales. e income from the fund helps us to keep our membership fees as low as possible, and to keep the provin- cial portion of cookie sales profit closer to the girl members at the area, district and unit level. What benefits have you realized from working with Vancouver Foundation? We've benefited from a stable and secure income source from our core fund. We also do not have to maintain the expertise to process donations to our fund or to manage the administrative side. is is provided by Vancouver Foundation, which is a sav- ing to our bottom line. Vancouver Foundation works with hundreds of charities, offering a secure funding model and expertise to help them achieve their goals A Guiding Hand

Articles in this issue

view archives of Vancouver Foundation - Fall 2016